Ratings:

A.M. Best A-
Fitch A-
S&P A
Comdex 58

James Alden

Experienced Financial Advisor

25 years

experience

3,712

career consultations

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EstateShield 10

The American Equity Investment Life Insurance Company, founded in 1995, has been a leader in the annuity and retirement market for nearly three decades now. With a focus on empowering its clients to fulfill their retirement needs, the company is known to offer high-quality fixed indexed annuities, which balance protection and growth while guaranteeing a regular income stream. American Equity holds trustworthiness in high regard, striving to supply financial solutions well suited to their customers’ unique circumstances. Serving the domestic US market, their product distribution goes through independent advisors, banks, and broker-dealers.

EstateShield 10

Your Email

Ratings:

A.M. Best A-
Fitch A-
S&P A
Comdex 58

About Product

Type

Fixed Index

Purpose

Lifetime Income

Term

10 Years

Surrender schedule

9.2%9%8%7%6%5%4%3%2%1%

Fee withdrawal:

10%

Market Value Adjustment

Yes

Return Of Premium

Minimum Contribution

$5,000

Maximum Contribution

$1,500,000

Max Age Qualified

Types Of Funds

Non-Qualified, IRA, IRA Rollover, IRA Transfer, SEP IRA, IRA-Roth, 1035 Exchange, Inherited IRA, and TSP

Launch Date

07/21/2021

EstateShield 10 is a Modified Single Premium Deferred Index Annuity. This annuity is tax-deferred, which means taxes are not paid on the interest it earns until any distribution occurs. Annuity contracts are long-term in nature and are not meant to be used for money one would anticipate needing in the short-term.

Please note the LIBR with Wellbeing Benefit and Enhanced Death Benefit rider is inbuilt into this product.

Available in states: AL, AK, AZ, AR, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, and WY

Allocation Accounts

Name	Type	Rates
1-Year Fixed Account	Fixed	2% Fixed
2-Year BofA Destinations PTP Participation Rate	Point to Point Biennial	160% Participation
2-Year UBS Tech Edge PTP Participation Rate	Point to Point Biennial	160% Participation
1-Year BofA Destinations PTP Participation Rate	Point to Point Annual	110% Participation
2-Year SG Global Sentiment PTP Participation Rate	Point to Point Biennial	160% Participation
1-Year UBS Tech Edge PTP Participation Rate	Point to Point Annual	110% Participation
2-Year S&P 500 Dividend Aristocrats ER PTP Participation Rate	Point to Point Biennial	160% Participation
1-Year SG Global Sentiment PTP Participation Rate	Point to Point Annual	110% Participation
2-Year S&P 500 PTP Cap	Point to Point Biennial	8.75% Cap
1-Year S&P 500 Dividend Aristocrats ER PTP Participation Rate	Point to Point Annual	110% Participation
1-Year S&P 500 PTP Monthly Sum Cap	Point to Point Annual Monthly sum	1.7% Cap
1-Year S&P 500 PTP Cap	Point to Point Annual	4.25% Cap
2-Year BlackRock Adaptive U.S. Equity 5% PTP Participation Rate	Point to Point Biennial	160% Participation
1-Year BlackRock Adaptive U.S. Equity 5% PTP Participation Rate	Point to Point Annual	110% Participation

Surrender schedule

Year	1	2	3	4	5	6	7	8	9	10
Penalty	9%	9%	8%	7%	6%	5%	4%	3%	2%	1%

Riders

Name	Inbuilt	Fee
No-Fee Lifetime Income Benefit Rider: Indexing Income	Yes

Waivers

Death

No Surrender Charges at death.

Enhanced Benefit

This rider provides both a qualified nursing care benefit and terminal illness benefit. After the first contract year, a one-time free withdrawal of up to 100% of the contract value is allowed if 1) the owner is confined to a qualified nursing care facility for a minimum of 90 days and confinement begins after the contract issue date; OR 2) the owner is diagnosed with a terminal illness after the contract is issued. Written proof is required. Included automatically for all ages for EstateShield 10.

Premium Notes

Minimum Premium:
$5,000
Maximum Premium:
40-69: $1,500,000
70-75: $1,000,000
Contract owners must choose how to allocate the initial premium. Additional premium payments can be made during the first contract year subject to our approval. Additional premiums are automatically allocated to the Fixed Interest Strategy and may be subject to different rates. The contract values may be reallocated between strategies on the contract anniversary, subject to a minimum allocation value of $1,000 each.

Note: TSP funds have to be rolled into an IRA.

Withdrawal Provisions

Withdrawals

Withdrawals can be made from the annuity contract any time before the maturity date of the contract. Free withdrawals of up to 10% of the total premiums paid are allowed each contract year, beginning in year two.
Withdrawal charges will apply to withdrawals taken in excess of the free withdrawal amount. Any withdrawal from the contract will result in a reduction of the contract values.
Systematic Withdrawal of interest only from the Fixed Value, available after 30 days.